Insmed (NASDAQ: INSM) holder Padonia targets $638K share sale

Rhea-AI Filing Summary

Padonia LLC, associated with Melvin Sharoky, filed a Form 144 notice for a proposed sale of up to 5,000 shares of Insmed Inc. common stock on NASDAQ. The filing lists an approximate aggregate market value of $637,636.84 for these shares and references 218,381,503 as an identifying security number. The filing also notes that 10,000 shares of common stock were previously purchased for cash in an open-market transaction on May 15, 2023, with settlement on May 17, 2023.

Key Figures

Shares proposed for sale: 5,000 shares Aggregate market value: $637,636.84 Security identifier: 218,381,503 +2 more

5 metrics

Shares proposed for sale 5,000 shares Common stock covered by the Form 144 notice

Aggregate market value $637,636.84 Approximate aggregate market value of the 5,000 shares

Security identifier 218,381,503 Identifying number listed with the Insmed Inc. common stock

Prior shares purchased 10,000 shares Common stock purchased in an open-market transaction on May 15, 2023

Trade date of prior purchase 05/15/2023 Date the 10,000-share open-market purchase was executed

Key Terms

Form 144, open market, aggregate market value

3 terms

Form 144 regulatory

"144: Securities Information"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

open market financial

"COMMON | 05/15/2023 | PURCHASED | OPEN MARKET"

An open market is a system where buying and selling of goods, services, or financial assets happen freely without restrictions or special controls. For investors, it means they can trade assets easily and quickly, which helps determine fair prices based on supply and demand. This environment encourages transparency and competition, making it easier to buy or sell with confidence.

aggregate market value financial

"5000 | 637636.84 | 218381503"

Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.

FAQ

What does INSM's Form 144 filing by Padonia LLC disclose?

The Form 144 filing discloses that Padonia LLC plans to sell up to 5,000 shares of Insmed Inc. common stock. The notice is a prerequisite for certain resales of restricted or control securities under SEC rules.

How many INSM shares are proposed for sale in this Form 144?

The filing indicates a proposed sale of 5,000 shares of Insmed Inc. common stock. This represents the maximum amount covered by this particular Form 144 notice for potential resale on NASDAQ.

What is the approximate market value of the INSM shares covered by this Form 144?

The Form 144 lists an approximate aggregate market value of $637,636.84 for the 5,000 Insmed common shares. This value is used for disclosure purposes in connection with the proposed resale.

Who is the reporting holder in the INSM Form 144 filing?

The reporting holder is Padonia LLC, associated with Melvin Sharoky, with an address in Treasure Island, Florida. The filing identifies Insmed Inc. as the issuer of the common stock to be sold.

What prior INSM stock transaction is referenced in this Form 144?

The filing notes that 10,000 shares of Insmed common stock were purchased in the open market on May 15, 2023 for cash, with a settlement date of May 17, 2023.

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Available on EDGAR 08/17/2026 - 04:19 PM Accepted by SEC EDGAR 08/17/2026 - 04:18 PM Learn about SEC filing dates

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
COMMON	MERRILL LYNCH 4705 S APOPKA VINELAND RD STE 203 ORLANDO FL 32819	5000	637636.84	218381503	08/17/2026	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
COMMON	05/15/2023	PURCHASED	OPEN MARKET			10000	05/17/2023	CASH

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
PADONIA LLC - MELVIN SHAROKY ATTN MELVIN SHAROKY 200 121ST AVE APT 501 TREASURE IS FL 33706-1562	INSMED INC	08/17/2026	5000	637636.86

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)